Sarcouncil Journal of Economics and Business Management
Sarcouncil Journal of Economics and Business Management
An Open access peer reviewed international Journal
Publication Frequency- Monthly
Publisher Name-SARC Publisher
ISSN Online- 2945-3593
Country of origin- PHILIPPINES
Impact factor- 3.1
Language- English
Keywords
- Accounting, Administrative System, Brand Innovation and Brand Management, Business, Management, Business Economics, Business Policy and Strategy, Critical Management Studies, Data Management, Design Management, Economic Management, Educational Management, Emerging Technology
Editors

Dr Hazim Abdul-Rahman
Associate Editor
Sarcouncil Journal of Applied Sciences

Entessar Al Jbawi
Associate Editor
Sarcouncil Journal of Multidisciplinary

Rishabh Rajesh Shanbhag
Associate Editor
Sarcouncil Journal of Engineering and Computer Sciences

Dr Md. Rezowan ur Rahman
Associate Editor
Sarcouncil Journal of Biomedical Sciences

Dr Ifeoma Christy
Associate Editor
Sarcouncil Journal of Entrepreneurship And Business Management
The Effectiveness of Selection and Financial Incentive System in Improving Employees’ Performance
Keywords: Effectiveness, employee, financial incentive system, performance.
Abstract: Nowadays, Human Resource play important role in the organization success because Employees’ performance is the key aspects that support the company’s operation. The management needs to select the employees that suitable for the jobs and also apply some strategies to enhance the employees’ productivity. Some of the strategies are by giving incentives to increase the employees’ work motivation. High employees’ motivation will also increase employees’ performance while the selection process will also help the company to choose the qualified employees which will have high performance. In this research, the writer used descriptive research and causal research. The writer also gave questionnaires to the employees which are 30 employees. In this research study, the writer proposes 3 variables which are Selection (Variable X1), Financial Incentive System (Variable X2) and Employees performance (Variable Y). Since the data collected from the research is reliable and valid, thus the writer applies the collected data for the process of this study research. The result of this research is Selection has influence to the employees’ performance. We can see from the T test result which T count > T table, which is 10.6 >2.042.We can also see from the determination test that 16.81% of employees’ performance is affected by selection. Financial incentive system has influence to the employees’ performance. We can see from the T test result which T count > T table, which is 5.72 >2.042. We can also see from the determination test that 43.56% of employees’ performance is affected by financial incentive system. Selection and Financial incentive system have influences to the employees’ performance. We can see from the F test result which F count > F table is 16.3 > 1.84 We can also see from the determination test that 54.76% of employees’ performance is affected by selection
Author
- Elyzabeth Wijaya
- Department of Management; Institut Bisnis Informasi Teknologi dan Bisnis; Medan Indonesia.